Emerging Medical Device Market to Impel Nanotechnology Growth
Nanotechnology is the creation and utilization of materials, devices, and systems through the control of matter on the nanometer-length scale (a nanometer is one billionth of a meter. Nanobiotechnology, an integration of physical sciences, molecular engineering, biology, chemistry and biotechnology holds considerable promise of advances in pharmaceuticals and healthcare. The nanotechnology industry has been witnessing significant growth with the emergence of newer application areas, and increase in government and private sector funding for R&D.
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